ArvinMeritor ups full-year earnings forecast

Newswire

DETROIT, Sept 23 (Reuters) - Auto parts supplier ArvinMeritor Inc said on Tuesday it has raised its earnings outlook for its fiscal year despite weaker market conditions in North America and Europe. ArvinMeritor expects earnings per share from continuing operations to be in the range of $1.55 to $1.65 for fiscal 2008 ending September, up from the previous range of $1.40 to $1.60, the company said in a statement. (Reporting by Soyoung Kim, editing by Gerald E. McCormick)

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